#8 In the Series of 10 - ARE YOU BUYING? NOW’S A GOOD TIME - Benefits For Buying At The End Of The Year

November 15, 2006

With mortgage interest rates still hovering around the 6 percent (for 30-year fixed rate) the end of the year is a great time for renters to become homeowners, growing families to move to more accommodating homes, and the Baby Boomers to find homes that fit their evolving lifestyles.Besides the low interest rates, there are additional benefits for purchasing by the end of the year.

Here is #8: You’ll have consistent payments. Landlords have the discretion to increase your rent. Paying rent is exposed to inflation. Once you have a fixed-rate mortgage in place you can rely on consistent payments.

** Coming Soon ** House Hunting Tips

Posted in All Things San Diego, Real Estate